Competix

company

About

Competix.com delivers superior automated lending solutions to lenders nationwide.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$15M
Industries
Consumer Lending,Financial Services,FinTech,Service Industry,Smart Home
Founded date
Jan 1, 1998
Number Of Employee
11 - 50
Operating Status
Active

Competix.com delivers superior automated lending solutions to lenders nationwide. The company's Internet lending solution called Credit Manager is a turn-key credit-decisioning service based on proven, state-of-the-art lending technology developed by a $1 billion international information technology firm and one of the largest banks in North America. This same technology that's used by banks, financial organizations and lending institutions throughout the country is now available as an affordable service offered to community banks as a cost-effective alternative to traditional large-scale lending software and expensive hardware systems.

Credit Manager harnesses the power of the Internet to fully automate the entire lending process from application, to credit decision, to booking in an online, real-time environment. The service supports a wide range of personal and small business loan products, including installment loans, revolving credit lines, credit cards, overdraft protection, mortgages, home equity loans and indirect lending.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15M
Competix has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on May 30, 2000 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 30, 2000 Series Unknown $15M 3 JP Morgan Chase Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Competix is funded by 3 investors. JP Morgan Chase and Bank of Montreal are the most recent investors.
Investor Name Lead Investor Funding Round
JP Morgan Chase Yes Series Unknown
Bank of Montreal Series Unknown
TransUnion Series Unknown